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Europe sees 35% growth in Chinese visitors, luxury travel need up by 39.2%

In the first quarter of 2018, the number of Chinese tourists bound for Europe increased by 35% YoY, making Europe the second-most popular destination with a 9% market share, second only to Asia.

05/25/2018|8:41:31 AM|ChinaTravelNews

Meituan-Dianping fully acquires cloud-based hotel PMS provider BeyondHost

Meituan-Dianping has fully acquired hotel PMS service provider BeyondHost. Both will work together to build an open platform for hotels.

05/24/2018|5:28:10 PM|ChinaTravelNews

Ctrip backs its expansion plans in China and abroad

Even as Ctrip is continuously gaining market share across all the business lines, the team has assured that they are ready to forego certain short-term financial benefits to ensure that customer-centricity doesn’t get off the hook.

05/24/2018|9:22:25 AM|ChinaTravelNews

Ctrip Chairman: The potential of China’s inbound tourism market is yet to be exploited

Ctrip’s James Liang believes that China will enjoy more opportunities in the tourism market if it can extend visa-free policies to more countries.

05/24/2018|8:38:08 AM|ChinaTravelNews

Ice-snow information service operator Huaxue Zoo reaps $4.71 million in funding

Huaxue Zoo told 36Kr that iSNOW has so far served more than 100 ski resorts and ice rinks, and expects to provide services to 50-100 more customers in 2018, increasing the total number to 200.

05/23/2018|6:04:13 PM|ChinaTravelNews

Ctrip works with Skyscanner to boost direct bookings

Skyscanner's monthly active user increased 30%, reaching 80 million. Its direct booking program continues to gain momentum, delivering revenue growth over 600% year-over-year.

05/23/2018|8:44:30 AM|ChinaTravelNews

Ctrip’s $157 million ABS product approved for tourism financing

Insiders believe that the issuance of the first tourism ABS product reflects Ctrip and other overseas listed companies’ optimism in embracing the Chinese capital market.

05/23/2018|9:01:18 AM|ChinaTravelNews

China’s air companies handle more than 550 million air passengers in 2017, up by 13%

China’s airlines carried 551.56 million passengers in 2017, up by 13% YoY. The number of passengers on domestic routes rose by 13.7% to 496.11 million, and by 7.4% to 55.45 million on international routes.

05/22/2018|4:26:39 PM|ChinaTravelNews
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